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What Is a POD or TOD Account?

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When it comes to titling assets and property it may seem as though there are an endless number of options. As the owner, the dizzying array of initials and legal terminology may not seem important when you are filling out the title to your car or your bank account; however, the reality is that the way you title property will have a direct impact on what happens to the property in the event of your death. Two sets of initials that you may have seen before, TOD and POD, are important to … [Read more...] about What Is a POD or TOD Account?

Texas History – Do You Know What City is the Birthplace of the First and Second Native-Born Texan Governors?

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Governors James Stephen Hogg and Thomas M. Campbell hail from the city of Rusk, Texas. James Stephen Hogg was the 20TH governor of Texas and served from 1891-1895. Thomas M. Campbell was the 24TH governor of Texas and served from 1907-1911. The town was established by an act of the Texas Legislature on April 11, 1846. It was named after Thomas Jefferson Rusk, signer of the Texas Declaration of Independence. … [Read more...] about Texas History – Do You Know What City is the Birthplace of the First and Second Native-Born Texan Governors?

Free Report: Texas Funeral Planning: Why You Should Consider Including It In Your Estate Plan

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Funeral Hidden Heading   According to the National Funeral Directors Association, the average funeral costs around $6,600. Cemetery services will cost another $3,000, on average, bringing the total cost to around $10,000 for the average funeral and burial. Of course, funeral directors will try and get your loved ones to spend more than that by stressing the importance of the entire affair. Your loved ones, in turn, will be emotionally vulnerable and easily swayed because they are … [Read more...] about Free Report: Texas Funeral Planning: Why You Should Consider Including It In Your Estate Plan

What Is Incapacity?

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A well drafted estate plan should be able to accomplish a variety of goals as well as incorporating numerous objectives into the plan. Of course, deciding how your estate assets will be distributed upon your death remains the primary goal of any estate plan; however, your plan may also include additional components such as an incapacity plan. In order to understand why including an incapacity plan is such a good idea we need to first answer the question "what is incapacity?" If you are like … [Read more...] about What Is Incapacity?

Texas History – Do You Know What Ethnic Group First Settled in Castroville, Texas?

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Castroville was established in 1844 by Henri Castro, an empresario of the Republic of Texas, who brought several dozen European families to the area from Alsace and adjoining Baden, to populate his land grant along the Medina River twenty miles west of San Antonio. Although for generations, the first residents remained insular, after a few hard years, the town and surrounding farms flourished. In Castroville’s first century, a visitor would be more likely to hear Alsatian - a soft, … [Read more...] about Texas History – Do You Know What Ethnic Group First Settled in Castroville, Texas?

Long-Term Care and Medicaid Planning in Texas

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Long-Term Care and Medicaid Planning in Texas from Steve P. Mendel The purpose behind a Medicaid estate plan is to protect your assets and your life savings while still putting you in a position to be eligible for Medicaid benefits should you need those benefits in the future. Learn more about long-term care and medicaid planning in Texas in this presentation.   … [Read more...] about Long-Term Care and Medicaid Planning in Texas

Debts of the Decedent: Texas Probate

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Debts of the Decedent: Texas Probate from Steve P. Mendel An estate planning attorney is usually retained during probate to help ensure that the creditor notification, evaluation, and payment process is accomplished in full compliance with the probate laws of the State of Texas. Learn more about debts of the decedent Texas probate in this presentation.     … [Read more...] about Debts of the Decedent: Texas Probate

Trusts Basics in Houston Texas

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Trusts Basics in Houston Texas from Steve P. Mendel One allows you to direct disbursements to a charity first for a designated number of years with the remainder to go to a non-charitable beneficiary while the other disburses to a non-charitable beneficiary first with the remainder going to a charity at the end of a specific period of time. Learn more about trusts basics in Houston Texas in this presentation. … [Read more...] about Trusts Basics in Houston Texas